THE HASH: Gemini Sues Digital Currency Group; Twitter Threatens Lawsuit Against Meta Over Threads App

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CoinDesk

Business News, Daily News, News, Tech News

4.7 • 698 Ratings

🗓️ 7 July 2023

⏱️ 24 minutes

🔗️ Recording | iTunes | RSS

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Summary

The most valuable crypto stories for Friday, July 7, 2023. "The Hash" tackles today's hot topics, including Gemini suing Digital Currency Group, alleging the industry conglomerate and its founder Barry Silbert committed "fraud" through DCG subsidiary Genesis. CoinDesk is owned by DCG. Kraken co-founder Jesse Powell is being investigated on claims that he hacked and cyberstalked a non-profit that he founded. And, Twitter threatens to sue Meta over its 'Threads' app. See also: Gemini Sues Digital Currency Group and Founder Barry Silbert Alleging 'Fraud' Gemini's Cameron Winklevoss Tweets $1.5B 'Final Offer' in Debt Talks Over Crypto Firm Genesis Kraken Co-Founder Jesse Powell Under Federal Investigation on Claims of Hacking, Cyberstalking Non-Profit This episode has been edited by senior producer Michele Musso and the executive producer is Jared Schwartz. Our theme song is “Neon Beach.” See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.

Transcript

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0:43.9	Wondery, UK. That's audible.com slash Wondery UK. This is the HASH podcast.
1:00.0	Stay informed with the latest on Bitcoin, Eith, the Metaverse, Web3, and more.
1:05.4	All on the hash for your ears.
1:08.9	You're listening to the Coin Desk Podcast Network.
1:12.9	Happy Friday and welcome to The Hash.
1:16.4	You are watching us on Coin Desk TV.
1:18.8	And if you're listening to us, you're listening on the Coin Desk Podcast Network.
1:22.8	I'm Jen Sassy here today with Will Foxley and Danny Nelson.
1:28.9	Hello, guys. Good to be. Hello. Danny, great to see you. Always great to have you, Danny. You are a fan favorite here on
1:35.0	the hash. Will, you got our first story. I do. We just talk about Gemini, which this story has been
1:40.4	going on for a while. We have no resolution, but we do have some more antics,
1:50.8	and that is that Gemini is going to sue Genesis in court. It's going to sue DCG founder Barry Silbert for alleging fraud. They, of course, owed $1.2 billion for the fallout after Genesis,
1:57.4	went into Chapter 11 filings. This all sent back from the collapse of Three Arrow's Capital, a huge hedge fund that went under
	...

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